European cryptocurrency exchange Bitstamp will integrate a new platform to improve compliance and customer protection, according to a press release published Nov. 27. Bitstamp has formed a partnership with British market surveillance firm Irisium Ltd. in an effort to improve the safety and reliability of its marketplace. The exchange will deploy Irisium’s platform to monitor market activity and attract more institutional investors. Commenting on the collaboration, Alastair Goodwin, CEO of Irisium Ltd, said that the adoption of Irisium’s platform will help “increase transparency, integrity and confidence in the cryptocurrency market,” eventually improving market liquidity and adoption. Founded in 2011, Bitstamp …

On October 29, the cryptocurrency exchange, Bitstamp, was acquired by Belgium-based investment firm NXMH, which in turn, is owned by South Korean media conglomerate NXC Corp. The Luxembourg-registered exchange is now controlled by the same company that bought the majority stake in the South Korean crypto exchange, Korbit, last year, while its CEO remains in office to continue with Bitstamp’s “global expansion.” Brief history of Bitstamp, Europe’s oldest and most legally compliant crypto exchange Bitstamp was launched in August 2011 by Nejc Kodrič and Damijan Merlak in their native Slovenia. As Kodrič recalled in an interview, their business started out …

Cryptocurrency exchange Bitstamp has been acquired by Belgium-based investment firm NXMH in an “all cash deal,” Reuters reports today, Oct. 29. Nejc Kodrič, CEO of the Luxembourg-registered exchange, reportedly revealed the deal had been closed Oct. 25, but declined to share the full terms. The CEO told Reuters that in 2016 Bitstamp was valued at $60 million, up from $39 million in 2014. NXMH is a family investment holding firm — operating as a subsidiary of Barclays — which has over 2 billion euros in assets under management and makes European consumer and tech investments. As per its LinkedIn profile, …

In the third quarter of 2018, San Francisco-based cryptocurrency exchange Coinbase’s U.S. dollar volumes hit a 1-year low, according to a recent analysis of Diar published October 8. According to the diagram below, in the third quarter of 2018 the U.S. dollar volumes on Coinbase dropped to the lowest level during the past year. Compared to the same period last year, the trading volume of Bitcoin (BTC) is currently slightly higher, around $5.4 billion versus compared to $4.6 billion in 2017. The trading volume of Ethereum (ETH) and Litecoin (LTC) represents the greatest slump. Source: Diar Performance of another major …

Has the cryptocurrency exchange which you typically trade on already been hacked? If not yet, this is highly possible. Centralized exchanges, which Vitalik Buterin wished would “burn in hell,” can manipulate users' funds and face regular attacks, while decentralized ones seem to have not yet found a balanced compromise between security and usability. At the same time, the experience of traditional banks in ensuring cybersecurity is still not in demand within the crypto industry, which leads to users’ millions of dollars theft or data breach, like in an incident happened to Atlas Quantum account owners on Aug. 25. The top …

Crypto exchanges Gemini, Bitstamp, Bittrex, and bitFlyer USA have announced the creation of a self-regulatory organization for digital commodities, such as cryptocurrencies, Business Insider reports August 20. The new group, dubbed “Virtual Commodity Association Working Group,” aims to help large-scale investors get more comfortable with the crypto market, work on formulating industry standards, and “be a precursor to the formation of a self-regulatory organization for digital commodities like [B]itcoin and [E]thereum” Business Insider reports. The first meeting of the newly created association is set to take place in September this year. Business Insider quotes its source as explaining the kinds …

For the first time, Fortune has created a crypto-focused version of its prestigious “40 under 40” honor roll for the most impressive young disruptors in the finance and technology industry, published July 23. Dubbed “The Ledger 40 under 40,” the list is dedicated to innovators at the helm of the “financial revolution” ushered in by cryptocurrencies, blockchain, and other distributed ledger technologies. Last week, five crypto industry representatives had already clinched four spots on Fortune’s existing “40 under 40” — all of whom reappear in the inaugural Ledger list. These include the CEO of major U.S. crypto exchange and wallet …

Regulators from the US Commodity Futures Trading Commission (CFTC) reportedly demanded extensive trading data from several cryptocurrency exchanges, people familiar with the matter told the Wall Street Journal June 8. Regulators requested data in order to investigate whether manipulation might be compromising prices in digital currency markets. The probe followed the launch of Bitcoin (BTC) futures by CME Group in December last year. CME forms its Bitcoin (BTC) futures prices based on data from four crypto exchanges; Bitstamp, Coinbase, itBit and Kraken, where manipulative trading could reportedly have distorted the value of BTC futures. Investigators are going after trading schemes …

As Bitcoin dips below $4000 after JPMorgan CEO Jamie Dimon’s criticism, analysts are forecasting a return to as low as $3000. In daily and weekly chart comments Wednesday, Tone Vays led the way predicting a bear market, calling $3000 the “perfect buy.” “I have strong support at $3,000 so don't see it going lower,” he added in several commentaries on Twitter. Daily & Weekly $BTCUSD are a bit mixed, but more Bearish than Bullish. Strong support & perfect #Bitcoin buy is $3,000. Will it get there? pic.twitter.com/EPcx7F3KVI — Tone Vays [#NO2X] (@ToneVays) September 13, 2017 Prices across cryptocurrency markets continue …

A further major Swiss financial institution has begun accepting Bitcoin this week as Swissquote follows Falcon Private Bank. In a press release issued today, Swissquote describes itself as the “first online bank in Europe to offer Bitcoin investing.” The decision opens up Bitcoin investment to the platform’s 302,000 customers with a combined capital of 17.8 bln francs ($17.6 bln). “Many investors are interested in cryptocurrencies, but are afraid to trade them, because the players in this market are mostly little-known and they often require the transfer of funds to a foreign account,” CEO Mark Buerki commented in the release. “As …